Welch & Forbes LLC Cuts Stock Position in Vanguard Total Bond Market ETF (NASDAQ:BND)

Welch & Forbes LLC reduced its stake in Vanguard Total Bond Market ETF (NASDAQ:BND) by 8.4% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 6,910 shares of the company’s stock after selling 630 shares during the period. Welch & Forbes LLC’s holdings in Vanguard Total Bond Market ETF were worth $508,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. N.E.W. Advisory Services LLC grew its position in Vanguard Total Bond Market ETF by 12.9% during the fourth quarter. N.E.W. Advisory Services LLC now owns 188,731 shares of the company’s stock valued at $13,881,000 after buying an additional 21,559 shares during the period. Apollon Wealth Management LLC raised its holdings in Vanguard Total Bond Market ETF by 38.3% in the 4th quarter. Apollon Wealth Management LLC now owns 540,190 shares of the company’s stock valued at $39,731,000 after buying an additional 149,535 shares during the period. Lincoln National Corp raised its position in Vanguard Total Bond Market ETF by 78.5% in the fourth quarter. Lincoln National Corp now owns 85,300 shares of the company’s stock valued at $6,274,000 after purchasing an additional 37,523 shares during the period. UNIVEST FINANCIAL Corp acquired a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter worth about $2,455,000. Finally, Private Advisor Group LLC increased its stake in shares of Vanguard Total Bond Market ETF by 15.6% during the fourth quarter. Private Advisor Group LLC now owns 482,312 shares of the company’s stock worth $35,474,000 after buying an additional 65,202 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

BND stock traded down $0.11 during trading on Wednesday, hitting $71.45. The company had a trading volume of 2,050,101 shares, compared to its average volume of 7,748,663. The firm has a 50-day moving average price of $71.74 and a 200-day moving average price of $71.82. Vanguard Total Bond Market ETF has a 1-year low of $67.99 and a 1-year high of $74.24.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Monday, May 6th. Shareholders of record on Thursday, May 2nd were issued a $0.2138 dividend. The ex-dividend date was Wednesday, May 1st.

About Vanguard Total Bond Market ETF

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.